Otis Worldwide Corp

ORIQ is entrenched in a Stage 4 downtrend, having decisively broken support at ~$70.82 with a Support Failure pattern signaling persistent selling pressure. Price remains below all major EMAs/SMAs and has only managed a weak bounce that stalled at the 20-day EMA and 50-day SMA cluster (~70.8–72.1). With momentum biased lower and no sign of buyer absorption, we recommend selling now, targeting continuation on rallies into the EMA/SMA resistance zone.

• ↑Service revenue rose 9% organically; modernization up 24% YoY
• ↑Adjusted free cash flow reached $290M (+19% YoY)
• ↓Earnings yield has turned negative, and analysts have cut price targets